Transaction details
Director Timothy E. Delaney of NBT Bancorp Inc (NASDAQ: NBTB) purchased 22,730 shares of the company's common stock on January 28, 2026. The per-share purchase price was $42.97, bringing the total value of the transaction to $976,708. According to updated disclosures, the shares were acquired indirectly through Wesson Group LLC, a corporation of which Delaney serves as President. This corrects a filing submitted on January 29, 2026 that had incorrectly stated the shares were owned directly by Delaney.
Ownership after the transaction
Following the purchase, Wesson Group LLC holds 22,730 shares of NBT Bancorp Inc common stock. The disclosed purchase price represents a slight premium to the contemporaneous trading price of $41.43 per share.
Valuation and dividends
Analysis from InvestingPro referenced in the filing indicates that NBTB appears undervalued relative to its Fair Value assessment. The regional bank is trading at a price-to-earnings ratio of 12.35 and offers a dividend yield of 3.59%. InvestingPro Tips noted that NBT has increased its dividend for 13 consecutive years, an insight included in the broader Pro Research Report that covers more than 1,400 U.S. equities.
Recent financial results
In its most recent financial disclosure, NBT Bancorp reported fourth-quarter 2025 diluted earnings per share of $1.06, topping analysts' consensus expectation of $0.98. The company reported revenue of $185 million for the quarter, slightly above the $184.24 million expected by analysts. Despite these results, the stock experienced a small decline in after-hours trading following the release of the figures.
Context and reporting limitations
The corrected filing clarifies the capacity in which Delaney holds the shares, shifting the record from direct ownership to indirect ownership through a corporate entity he leads. Where information in this report is limited to the company's filings and the InvestingPro analysis cited, no further interpretation of market reaction or motive for the purchase is provided.